Victoria Real Estate
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652 Wain Rd

$1,999,000

Deep Cove

Land— · — · —17 days on market

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About this home

Located in the highly sought-after area of Deep Cove, this 1.75-acre, level property features 7,085.71 m² of land with R2 single-family residential zoning. This zoning allows for subdivision with a minimum lot requirement of 2,000 m² per lot. Existing services, including water and hydro, are already in place for the existing home. This property offers many exciting possibilities, including the potential to subdivide into 2 to 3 lots (a 3rd lot may require a minor variance), OR create your own custom home development in an executive area surrounded by fine properties. Buyers are encouraged to contact the District of North Saanich regarding subdivision options and requirements. Probate has been completed, so this exceptional property is ready to sell now! Buyer to independently verify subdivision potential, zoning requirements, servicing, variances and all necessary approvals with the District of North Saanich. Call Now ''What a differencea Day makes'' (id:65179)

Property details

From the listing's public record.

Lot size

1.75 acres

Taxes

$5,113/yr

Zoning

Residential

Price history

1 record

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Sep 2, 2026

    Listed $1,999,000

    Active17 days on marketMLS 1048295

How this listing compares

Based on 9 sales in North Saanich

Median sold

$882,000

Avg days on market

83 days

Avg sale-to-list

95.7%

Avg $/sqft

Current market in North Saanich

Active (same type)

13

Pending

0

All active listings

94

Months of supply

17.3

Buyer's market17.3 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,521,000

Homes in North Saanich sell at 95.2% of assessed value on average.

Based on 9 recent sales.

Recent nearby sales

6 sales
  • 10880 Greenpark Dr

    $605,000

    — · — · — · 162 days on market

    Sold Aug 24, 2026 · 86.6% of list

  • 816 Birch Rd

    $882,000

    — · — · — · 78 days on market

    Sold Jul 31, 2026 · 102.6% of list

  • 750 Dalkeith Ave

    $1,000,000

    — · — · — · 21 days on market

    Sold Jun 8, 2026 · 93% of list

  • 10956 Chalet Rd

    $610,000

    — · — · — · 21 days on market

    Sold Jun 1, 2026 · 95.4% of list

  • 550 Norris Rd

    $1,150,900

    — · — · — · 7 days on market

    Sold May 11, 2026 · 100.1% of list

  • 10826 Derrick Rd

    $880,000

    — · — · — · 69 days on market

    Sold Apr 24, 2026 · 97.8% of list

What would this home cost?

Estimate your monthly payment and total cash to close on this property — BC Property Transfer Tax included. Adjust the numbers for your situation.

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We don't guess a rate — talk to a broker for current Island rates and what you'd actually qualify for.

Property Transfer Tax is shown at the standard rate for this property type. First-time and newly-built exemptions apply to principal residences — for vacant land, they may apply if you build and occupy a home here (the amount depends on land plus construction cost). Talk to us about your situation.

Estimate

Monthly mortgage

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Loan amount

$1,999,000 − $399,800

$1,599,200

Down payment

20.0%

$399,800

Property Transfer Tax

$37,980

Legal / closing (est.)

$1,500

Cash to close

$439,280

Down payment + PTT + GST + legal estimate.

Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.

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More on this listing

Interested in this home?

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